CFPB halts work after Trump appoints Bessent as acting head
President Donald Trump on Monday appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial ...
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Treasury Secretary Scott Bessent named acting director of consumer watchdog agency
Scott Bessent, who was confirmed as Treasury Secretary last week, has been named acting director of the Consumer Financial Protection Bureau. Bessent replaces Rohit Chopra, who was fired on Saturday.
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Breaking Down a New Day at the CFPB
After weeks of emptying the shelves at the Consumer Financial Protection Bureau (CFPB) with dozens of enforcement actions, new rules, ...
Treasury chief to temporarily lead US consumer protection bureau
US Treasury Secretary Scott Bessent will temporarily head the Consumer Financial Protection Bureau, the agency said Monday, a move set to shake up the watchdog's operations with Bessent reportedly ...
Bessent orders halt to consumer bureau activity
Republicans have long criticized the bureau, which they see as an unaccountable regulator with too broad a reach.
To Wall Street's delight, Trump fires the man in charge of protecting American consumers
With Rohit Chopra gone, Republicans have the mechanisms to overturn some of the Consumer Financial Protection Bureau's most ...
Investors wade into bank debt as tariffs bite and key bank regulator is replaced
Bank bond spreads against U.S. Treasurys widened and money flowed into most debt issued by major banks on Monday, in a sign ...